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Forex Trend Analysis Report

Prepared for you on Monday, February 17, 2020.

Mexican Peso/Czech Koruna (FOREX:MXNCZK)

Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_MXNCZK
Open High Low MXNCZK Price Change
1.2393374 1.2398983 1.2380850 1.2381350 -0.0012020
Entry Signal

MarketClub’s Trade Triangles for MXNCZK

long term up The long term trend has been UP since Oct 15th, 2019 at 1.2194200

intermediate term up The intermediate term trend has been UP since Jan 20th, 2020 at 1.2156450

short term up The short term trend has been UP since Feb 5th, 2020 at 1.2198787

Smart Scan Analysis for MXNCZK

Based on a pre-defined weighted trend formula for chart analysis, MXNCZK scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+90
Smart Scan Analysis for MXNCZK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.2393374 1.2398983 1.2380850 1.2381350 -0.0012020
Prev. Close Volume Bid Ask Time
1.2393374 1.2371600 1.2391100 2020-02-17 02:19:47
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